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Jan 2, 2013
01/13
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but at the end of the day, they squeaked through. we squeaked through. >> what we saw over the past few days pulls out washington? >> it makes me cautiously optimistic that perhaps after 20 years of total polarization, perhaps they'll be able to have lunch together. >> wow. >> we'll see if that meal happens. john, good to see you. happy new year. >> happy new year to you. >> we're going to have lunch and we'll have swan. it will be delicious. >> thanks, brian. >> as you know, what exactly does getting over the fiscal cliff deal mean to the health care center. jackie? >> good morning, melissa. now that washington has been able to come to an agreement to avoid the cliff, the health care sector can take a sigh of relief. the $600 billion in tax increases and spending cuts that posed a threat to health care stocks has been tabled for now in that 2% cut to medicare reimbursement that is scheduled to take immediate effect will not. several subgroups within the health care industry were at risk before the deal, including the health care pro
but at the end of the day, they squeaked through. we squeaked through. >> what we saw over the past few days pulls out washington? >> it makes me cautiously optimistic that perhaps after 20 years of total polarization, perhaps they'll be able to have lunch together. >> wow. >> we'll see if that meal happens. john, good to see you. happy new year. >> happy new year to you. >> we're going to have lunch and we'll have swan. it will be delicious. >> thanks,...
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Apr 30, 2013
04/13
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average home prices increased 8.6% for the tent city and 9.3 for the 20-city composite. your first on cnbc is david blitzer, the chairman of the s&pa 00 index commity. david, welcome back. good morning. >> good morning. it's a pleasure to be here. i think we're looking at the highest -- the best improvement since may of '06 on both the 10 and 20 city and a lot of people are wondering when you will get ready to call a bubble, at least in some markets. >> it is very good. month to month, we had all 20 cities up two months in a row and we haven't seen that since 2005. so it is very strong. it's a solid rebound. i would not call it a bubble and a bubble is one thing that you see, and you won't see it after it burred, and at this point i think it's a rebound, an improving economy and some with better consumer confidence and very, very low interest rates. >> are you hesitant to call it a bubble, david because we're still so far off the highs? >> we're far off the highs. there is a lot of. the overall economic picture does not look as good as housing. the number that have come
average home prices increased 8.6% for the tent city and 9.3 for the 20-city composite. your first on cnbc is david blitzer, the chairman of the s&pa 00 index commity. david, welcome back. good morning. >> good morning. it's a pleasure to be here. i think we're looking at the highest -- the best improvement since may of '06 on both the 10 and 20 city and a lot of people are wondering when you will get ready to call a bubble, at least in some markets. >> it is very good. month to...
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Jul 19, 2013
07/13
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city to file for bankruptcy. we will get a live report from the ground in the motor city. good morning, and good morning for the old industrials and g.e. is rising in the market, and rising in the qe earnings 36 cents per share, and that cites big ticket industrial equipment and services orders. and honey well, helped by higher margins, jim, and to some degree, the margins are the story of the morning. >> you nailed it. one of the reasons i like general electric because in every business the margins are improving and the water inf infrastructure had been the big, really big disappointment, and the margins were up there, too. and honeywell, the margins up across the board and great quarter for dave kote, and meanwhile, the ceo of g.e. is being much more positive and it is as if these companies are doing everything right, and tech seems to be doing everything wrong and the different analysis though as we drill down. >> we will get to tech. but immelt had been under fire for some of the margin targets that he wanted to hit this year, but it appears they are on target. >> yes.
city to file for bankruptcy. we will get a live report from the ground in the motor city. good morning, and good morning for the old industrials and g.e. is rising in the market, and rising in the qe earnings 36 cents per share, and that cites big ticket industrial equipment and services orders. and honey well, helped by higher margins, jim, and to some degree, the margins are the story of the morning. >> you nailed it. one of the reasons i like general electric because in every business...
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148
Jan 30, 2013
01/13
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we're here at the launch in new york city. one good indication of how the 10 might move in terms of volume is how many blackberry users are trying to sell their old models. we're joined today by israel of gazelle. welcome. good to have you on the show. >> thank you. thanks for having me on the show again. >> you're like the leading indicator. what is the interest in trying to sell your old late model blackberry? >> you know, we've seen some really interesting trends in our business in the last couple of months. on the blackberry side, our volume in terms of blackberry tradings has doubled over the last month, and, in fact, over the last week, we receive a 500% increase in the blackberry trade-ins. we're seeing a lot of action on the part of the blackberry users. >> put that kind of move into context. is that something you would generally see in front of a norfolk nokia launch, apple launch? >> sure. this is a pretty impressive performance for blackberry, i have to admit that. we saw it around the iphone event and samsung's int
we're here at the launch in new york city. one good indication of how the 10 might move in terms of volume is how many blackberry users are trying to sell their old models. we're joined today by israel of gazelle. welcome. good to have you on the show. >> thank you. thanks for having me on the show again. >> you're like the leading indicator. what is the interest in trying to sell your old late model blackberry? >> you know, we've seen some really interesting trends in our...
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Jan 3, 2013
01/13
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to the emerald city. dempsey is facing reportedly a half dozen bids, including one from starbucks, which wants to buy half of tully's stores so the company will not confirm to us that it is in today's auction. tully's, a i cording to the times is in dire need of stopgap financing or it will have to stop operating by january 12th. a bankruptcy hearing is expected to be held the day before. now the company already reached a deal last fall with colorado private equity form koczi part mothers bite company for 1.5 million in cash and take on 3 million in liabilities. if creditors choose a rival bid, it could force them to pay catch chi a kill fee reportedly for $200,000 and dempsey's bid is thought to be more. one last bidder is seattle-based barista's could have fair, penny stock company known for its sexy servers, sort of the hooter's of the coffee world. the company wants to buy tully's to preserve the brand and jobs in seattle and stays would not mix the two concepts. the auction begins at 9 a.m. seattle t
to the emerald city. dempsey is facing reportedly a half dozen bids, including one from starbucks, which wants to buy half of tully's stores so the company will not confirm to us that it is in today's auction. tully's, a i cording to the times is in dire need of stopgap financing or it will have to stop operating by january 12th. a bankruptcy hearing is expected to be held the day before. now the company already reached a deal last fall with colorado private equity form koczi part mothers bite...
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Feb 7, 2013
02/13
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and the other one is you can't fight city hall. back to you, melissa lee. >> the man who never drinks the kool-aid next to a punch bowl, there's a joke in there somewhere. rick santelli, thank you. >> do you think i should have a punch bowl for my dinner party? >> the one that we're not invited too? i don't care what you have, simon, because i'm not inviteded. >> never mention on air you're having a dinner party because everyone you didn't invite hears you. i wanted to call on a few people. ashley, ashley marshall... here. since we're often all on the move, ashley suggested we use fedex office to hold packages for us. great job. [ applause ] thank you. and on a protocol note, i'd like to talk to tim hill about his tendency to use all caps in emails. [ shouting ] oh i'm sorry guys. ah sometimes the caps lock gets stuck on my keyboard. hey do you wanna get a drink later? [ male announcer ] hold packages at any fedex office location. because what you don'tu know can hurt you.rance. hey do you wanna get a drink later? what if you didn'
and the other one is you can't fight city hall. back to you, melissa lee. >> the man who never drinks the kool-aid next to a punch bowl, there's a joke in there somewhere. rick santelli, thank you. >> do you think i should have a punch bowl for my dinner party? >> the one that we're not invited too? i don't care what you have, simon, because i'm not inviteded. >> never mention on air you're having a dinner party because everyone you didn't invite hears you. i wanted to...
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Mar 13, 2013
03/13
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way the city went about it was arbitrary and capricious, the way the judge said. citi's response? >> they're certainly wrong in the health and the board of health has done a lot of things over a decade to protect the health of new yorkers. banning lead and paint and this is exactly what the board of health was set up to do and we think it will prevail on appeal. >> how far will the city take appeals? >> to the court of appeals which is the highest level of court in the state of new york. >> is this a socioeconomic problem, doctor, in that if you traced where the highest -- does it track to income? >> absolutely. we released data yesterday showing there's a very strong correlation between the conception of sugary drinks and obesity at the neighborhood level and they're the poorest neighborhoods in new york city where they market the drinks the most. >> to that point, you've probably read "the new york times" this morning that has a front-page article that this is not just a victory for the soft drinks industry. the soda companies and it is also a victory for many p
way the city went about it was arbitrary and capricious, the way the judge said. citi's response? >> they're certainly wrong in the health and the board of health has done a lot of things over a decade to protect the health of new yorkers. banning lead and paint and this is exactly what the board of health was set up to do and we think it will prevail on appeal. >> how far will the city take appeals? >> to the court of appeals which is the highest level of court in the state...
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Mar 14, 2013
03/13
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this is going to the city of st. louis for their waste water treatment plant. >> and what does it do? >> it basically controls the speed and varmt of matters. >> this thing here is impressive. what does this do? >> this is really cool. this is auxiliary power system. this is used for the light rail train. we manufacture them in sacramento. but we make the auxiliary systems here. this has all the power in the trains. >> and there was some stuff here that you showed me before headed to china from the united states. so it's going the wrong way. >> yeah. we have a high voltage inverter that will be shipped over to go to a big mining truck in china. >> so, two things. what are the advantages the united states has in terms of why it's a place where things are built to exploit? >> we have low cost energy here. you know from the shale gas boom that we're seeing. we also have very productive workers. they are three times as productive as chinese workers. the labor rates are going up. transportation costs because of energy cos
this is going to the city of st. louis for their waste water treatment plant. >> and what does it do? >> it basically controls the speed and varmt of matters. >> this thing here is impressive. what does this do? >> this is really cool. this is auxiliary power system. this is used for the light rail train. we manufacture them in sacramento. but we make the auxiliary systems here. this has all the power in the trains. >> and there was some stuff here that you showed...
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Feb 8, 2013
02/13
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atlantic city is the key word here. according to wells fargo, this could mean up to $850 million in a year in revenue. right now, the bill would be just for people living in the state to be able to gamble online. other states with legal online gambling could utilize the new jersey site. the more states that do this, the bigger the business could become for new jersey. atlantic city could use the boost. revenue down about 40% in just the last seven years. there is a little bit of concern about some lost tourism, but governor christie basically said, the cost benefit analysis just makes sense to get in, and get in first. coming up, we'll talk about the possible implications with professional sports. all leagues are against this. we'll chime in on what they have to say about it. >> internet gambling is already legal in europe. there are stocks that are already moving up in london on the basis they'll be able to capitalize on this. >> that is definitely true. thank you, simon. >> there is a mover in the gaining space. let's
atlantic city is the key word here. according to wells fargo, this could mean up to $850 million in a year in revenue. right now, the bill would be just for people living in the state to be able to gamble online. other states with legal online gambling could utilize the new jersey site. the more states that do this, the bigger the business could become for new jersey. atlantic city could use the boost. revenue down about 40% in just the last seven years. there is a little bit of concern about...
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Jan 4, 2013
01/13
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and then releasing anthrax in the city. so needless to say, we had to pull the plug on that on 9/11. it was pretty eerie. many of the contacts that i made during that period, i've stayed in touch with over the years. and they were very helpful in terms of the way certain specifics actually operate. i had no idea, until i really got into this, and stenographic photography and other things that are in the book, that i'd say the trade craft is pretty accurate. >> dick, why go the book route? i'm just curious what has changed in terms of the dynamics, maybe the demand for such a story line? showtime has had tremendous success with "homeland" which sort of delves in that area. >> look, the biggest problem -- not a problem, but i would love to do it as a mini series, but it's a form that's sort of out of favor right now. but i think this would be a great four or five-hour piece of film. the biggest problem, the reason that i went this route was that, frankly, i don't think you can do a weekly series 22 times a year about terroris
and then releasing anthrax in the city. so needless to say, we had to pull the plug on that on 9/11. it was pretty eerie. many of the contacts that i made during that period, i've stayed in touch with over the years. and they were very helpful in terms of the way certain specifics actually operate. i had no idea, until i really got into this, and stenographic photography and other things that are in the book, that i'd say the trade craft is pretty accurate. >> dick, why go the book route?...
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139
Feb 1, 2013
02/13
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when he came into the office in '78, the city was at or near its nader. i can remember it well at that time, of course. and we did grow a great deal under his mayorality. not without some scandal, but certainly with a great deal of enthusiasm. in many ways he brought the spirit back and made you feel good about being a new yorker. which is not easy to do, when you had lived through the '70s. >> he passes on a day where a new biography, a film biography of him opens. something somebody said is the kochiest thing he could have possibly done. >> i've seen it. a friend of mine directed it. and, yeah, timing is great. it's also actually a great history of new york, and also, of this incredible man. >> grand central turns 100 today. an institution, a building that nearly went away, and could have gone away under his administration. he saved that. his inscription is going to have danny pearl's final words, my father was jewish, my mother was jewish, i am jewish. he will be missed. the biggest ipo since facebook, pfizer taking its animal business public today. al
when he came into the office in '78, the city was at or near its nader. i can remember it well at that time, of course. and we did grow a great deal under his mayorality. not without some scandal, but certainly with a great deal of enthusiasm. in many ways he brought the spirit back and made you feel good about being a new yorker. which is not easy to do, when you had lived through the '70s. >> he passes on a day where a new biography, a film biography of him opens. something somebody...
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102
Jul 22, 2013
07/13
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we need the city of detroit and the city of detroit also needs the suburbs. i am talking inside the city there are five or six wonderful pockets of residential real estate growing, houses aren't staying on the market for more than a week or two and values are rising very, very quickly. >> daniel, we just saw the chamber of commerce telling us it is the downtown extremely vibrant and you are suggesting the opposite. where is it? >> no, no, no. we're talking residential. commercial is red hot in the downtown core. commercial is red hot in midtown. commercial is red hot on the river front, and it is red hot also in the northern suburbs. >> okay. >> residential is also red hot. any type of rental product downtown is a waiting list. >> what do you mean by red hot? i think a lot of people will look at this and think about the prices and a lot of the public services, daniel, that just seem to have hour-long wait times or no response at all and say really? >> i understand. here is the problem. one thing we can't fix and one thing we can't solve is detroit is 139 squa
we need the city of detroit and the city of detroit also needs the suburbs. i am talking inside the city there are five or six wonderful pockets of residential real estate growing, houses aren't staying on the market for more than a week or two and values are rising very, very quickly. >> daniel, we just saw the chamber of commerce telling us it is the downtown extremely vibrant and you are suggesting the opposite. where is it? >> no, no, no. we're talking residential. commercial is...
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Mar 26, 2013
03/13
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all 20 cities in the 20-city composite posting year over year gains. here first on cnbc to dissect the data, david blitzer, the chairman of the s&p 500 index committee. david, good morning to you. >> good morning. pretty notable not only that all 20 cities have year over year increases, but is this the highest since the summer of '06? >> uh, yeah, i think it is. in fact, the overall, we are now about 9% above the lows for the 20-city composite. we beat the consensus forecast which would be a touch under 8% and we're at 8.1% over the last 12 months. so across all 20 cities and really across housing given a lot of the other economic data, we seem to be cranking on all cylinders. >> what exactly is driving it? is it steady employment? is it the low rates and do you think we're entering a zone where prices are rising too much? >> well, we'll answer the last question first. no, i don't think the prices are rising too much. it's clearly buoyant and there are a handful of cities that are truly amazing. phoenix made the top of that list with prices up somethin
all 20 cities in the 20-city composite posting year over year gains. here first on cnbc to dissect the data, david blitzer, the chairman of the s&p 500 index committee. david, good morning to you. >> good morning. pretty notable not only that all 20 cities have year over year increases, but is this the highest since the summer of '06? >> uh, yeah, i think it is. in fact, the overall, we are now about 9% above the lows for the 20-city composite. we beat the consensus forecast...
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Nov 11, 2013
11/13
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i'll be crossing the country to show you the crisis in america's cities. it's not just pensions. five cities, five issues, five days. our series "critical condition:save america's city" right here on "squawk on the street." >> huge issue in chicago, putting it into focus. >>> look at social media, vine, instagram or others, video's the next major frontier. the squawk breakthrough all about video. a social media platform that lets you watch web content and interact with people while doing it. we'll show you how they're doing it when "squawk on the street" returns. >>> quick update on the ali baba story. this year, totalling $5.7 billion. that's up from $3.1 billion last year. in comparison, last year, total cybermonday, black friday sales $2.5 billion in this country. yahoo! which owns a stake in allali ba baba, jon fortt's here on set here. >> that's just a mind boggling number, if you just imagine, it's like all of our christmas, hanukkah, everything wrapped into one over there. so many people, it makes you wonder how far they can run. implications for yahoo! imimportant, own a
i'll be crossing the country to show you the crisis in america's cities. it's not just pensions. five cities, five issues, five days. our series "critical condition:save america's city" right here on "squawk on the street." >> huge issue in chicago, putting it into focus. >>> look at social media, vine, instagram or others, video's the next major frontier. the squawk breakthrough all about video. a social media platform that lets you watch web content and...
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May 7, 2013
05/13
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bloomberg's final year, the city will spend $8.7 billion on the police department, nearly double the 2002 if anything year and three times the rate on inflation. will spend more on cops benefits than on salary ls. in order to deal with this, states have to raise taxes, fiscal gimmickry, more debt or spend less. and believe me. i don't mind spending less. we need to be honest and deal with this on a federal level. and instead of lowering the bridge, we are going to be trying to tinninger with the river. back to you, simon. >> that is definitely a hot topic. no doubt about that. rick santelli, we'll see you in the next hour. when we come back, microsoft is retooling windows 8 after a backlash from customers. should it think of retooling management, too? why one wall street insider says now is the time for the company to start a succession plan. my mother made the best toffee in the world. it's delicious. so now we've turned her toffee into a business. my goal was to take an idea and make it happen. i'm janet long and i formed my toffee company through legalzoom. i never really thought
bloomberg's final year, the city will spend $8.7 billion on the police department, nearly double the 2002 if anything year and three times the rate on inflation. will spend more on cops benefits than on salary ls. in order to deal with this, states have to raise taxes, fiscal gimmickry, more debt or spend less. and believe me. i don't mind spending less. we need to be honest and deal with this on a federal level. and instead of lowering the bridge, we are going to be trying to tinninger with...
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Jan 24, 2013
01/13
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bank of america up more than 20% over the past three months, outperforming citi, jpmorgan and goldman sachs. we're going to talk to the ceo, brian moynihan, live from davos in just a few moments. in the meantime, there is an incredible amount of information coming into the s.e.c. for review. six terabytes of digital data, e-mails and documents every month, as part of the continuing series, gary kaminsky got rare access to the unit that has to dig through all of that. incredible. >> just to put that six terabytes into perspective, if the s.e.c. actually printed out all the documents coming into them, they say enough paper to fill 250,000 boxes in a few months' time. those boxes could fill the entire capital rotunda and pile higher than the empire state building. that's a lot of data, but they're using new technology to sort through it faster and smarter. so if the s.e.c. shows up with a subpoena asking for your hard drive and your cell phone records, you should know that using pass codes and even deleting those files won't protect your information. we got a rare look inside the s.e.c.'
bank of america up more than 20% over the past three months, outperforming citi, jpmorgan and goldman sachs. we're going to talk to the ceo, brian moynihan, live from davos in just a few moments. in the meantime, there is an incredible amount of information coming into the s.e.c. for review. six terabytes of digital data, e-mails and documents every month, as part of the continuing series, gary kaminsky got rare access to the unit that has to dig through all of that. incredible. >> just...
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Aug 27, 2013
08/13
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back. >> and who got the call to c, citi. and citi, i tend to think is going to creep back. the stock is not that bad, but the merging markets are obviously troublesome. >> troublesome to say the least, whether it is india or brazil and the currency devaluations in some of the countries and not the mention the performance of the markets is -- >> is it 1997, david? >> no, i mean, that things were much better than they were then, and not linked to the dollar and float right, and they have much better current account depths, but it is ugly. it is ugly. people in the 401(k) have exposure to the emerging markets down sharply. >> and microsoft is in the news, but down again today, and reer ports of china cutting the estimate on one of the few bright spots the xbox 1 and the shipments are going down from 7 million to 6.2. then you have the third and the fourth day stories about the challenges that any successor to ballmer is going to have. >> well, the stories read as if it is dire. they have a huge amount of cash, and they can rein
back. >> and who got the call to c, citi. and citi, i tend to think is going to creep back. the stock is not that bad, but the merging markets are obviously troublesome. >> troublesome to say the least, whether it is india or brazil and the currency devaluations in some of the countries and not the mention the performance of the markets is -- >> is it 1997, david? >> no, i mean, that things were much better than they were then, and not linked to the dollar and float...
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Jul 3, 2013
07/13
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remember, that the people out there in the squares and the other parts of the still city and the country are millions and not people who oppose the president, but some of the supporters and some of them are willing to die for their president. that is exactly what people are worried about here in the country, and the united states is watching this of course very, very carefully. they find themselves in a predicament, because morsi is the country's first freely elected leader in a free and fair election, and that is something that the president brought out several times in the speech that he has an element of legitimacy, and in effect, it would be a military coup, and how would the united states respond to a military coup and what would it mean for the track record of promoting democracy in this part of the world. egypt is the arab's most populous country and also important market with 85 million people, and important sectors there, and the investor sentiment, the market is slightly below the line in today's trade. we will have to wait to see what comes out in the next few hours. carl? >>
remember, that the people out there in the squares and the other parts of the still city and the country are millions and not people who oppose the president, but some of the supporters and some of them are willing to die for their president. that is exactly what people are worried about here in the country, and the united states is watching this of course very, very carefully. they find themselves in a predicament, because morsi is the country's first freely elected leader in a free and fair...
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May 6, 2013
05/13
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the city's attorney is saying of the product's health risk and that lawsuit filed in san francisco superior court and the stock is down 2.5% and down 16% in the last 12 months. carl, back to you. >> thank you so much. "the iron man" prequel rounding out the week wenned -- get this, $175 million in ticket sales this weekend. places the movie second only to "the avengers" last year and it's made so much money overseas and richard is from imax. >> if the summer goes like this, we're all in for a wild ride. >> i think this weekend was very important not just because of the grosses of "iron man," but i think it's the lead-in and the kickoff. typically when you have one move they starts to sell strong, people see trailers for other movies coming up. so big opening for this, and by the way, star trek. they'll see the trailer for star trek and they'll like it and go see it. on the other hand, if it starts off weak it's tough to build the momentum. >> how much is slated? >> about 25. >> 25. relative to past years, how is that? >> it's about the same as last year, but we converted a few years ago fro
the city's attorney is saying of the product's health risk and that lawsuit filed in san francisco superior court and the stock is down 2.5% and down 16% in the last 12 months. carl, back to you. >> thank you so much. "the iron man" prequel rounding out the week wenned -- get this, $175 million in ticket sales this weekend. places the movie second only to "the avengers" last year and it's made so much money overseas and richard is from imax. >> if the summer goes...
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Jul 10, 2013
07/13
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, i hope the controller of the city of new york. you try to contribute and that's what this is all about. >> earnings don't have to be great and just don't disappoint and if we'll have substantial degreeses it has to be earnings and i come back to ref news as well which comes back to a somewhat better economy. >> apple did in fact conspire to raise prices of e-books, that's the court ruling just crossing. >> i believe he'll stick to the topic which is kind of 35,000 feet overview of the last 100 years of fed policy-making and not delve into the things we want to know but on the minutes, they will be interesting. i won't be surprised if some members want to tapener july. >> how is having empty homes in china different than empty homes in phoenix, southern california and florida so they are going down the same path. just taking them a little longer to get there. >> good wednesday morning. live here at post 9 of the new york stock exchange. let's get a check of the markets. the dow sits 100 points and change from its record closing hig
, i hope the controller of the city of new york. you try to contribute and that's what this is all about. >> earnings don't have to be great and just don't disappoint and if we'll have substantial degreeses it has to be earnings and i come back to ref news as well which comes back to a somewhat better economy. >> apple did in fact conspire to raise prices of e-books, that's the court ruling just crossing. >> i believe he'll stick to the topic which is kind of 35,000 feet...
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Aug 28, 2013
08/13
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louis that forced you guys out of the city? so isn't there still and issue with getting the right people to come back as opposed to starting at the institutional level? >> well, it is still an issue, and an issue worse worldwide. we have a global engineering shortage and it is bad in the valley and st. louis and bad everywhere. there is another initiative called launch code here to train more engineers, so, we think that problem is not any worse here than anywhere else. >> jim, can i ask you more broadly where you think that you we are on the revolution of financial services? we have seen what social media or online streaming has done to other parts of the economy, and what does square and the things after square mean for the banks? >> well, i mean, we are always going to need banks and big companies, but what is really happening is that a communication is becoming two-way. in the old days everything was broadcast, and now, you can talk back to the phone and talk back to the people on the other side, and that is fundamentally c
louis that forced you guys out of the city? so isn't there still and issue with getting the right people to come back as opposed to starting at the institutional level? >> well, it is still an issue, and an issue worse worldwide. we have a global engineering shortage and it is bad in the valley and st. louis and bad everywhere. there is another initiative called launch code here to train more engineers, so, we think that problem is not any worse here than anywhere else. >> jim, can...
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Jul 5, 2013
07/13
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and more people in the cities saying i am not going to buy a car and share whether it is zip car or some other program and the autos are more fuel efficient. how much more fuel efficient? well, the university of michigan tracks this every month based on the new vehicles sold and the latest data showing that it ticked lower in the month of june, but it is still 24.7 which is a record high, and look at how much increased since 2007. at the same time, look at the number of no-vehicle households out there, and you will see generally flat, and then shot up over the last five years, and it is now sitting at 9%. that is the number of a percentage of the no-vehicle households. what has happened here? well, a potential drop in the gas tag revenues with si a growing ree serve. remember the gas tax is how a lot of the states and municipalities pay for the road and the highway maintenance, and if they are not getting the gas tax revenue, who is going to i pa for that and the implication to the retail sectors as well. shopping centers are reporting a slight dip in traffic and not a huge dropoff,
and more people in the cities saying i am not going to buy a car and share whether it is zip car or some other program and the autos are more fuel efficient. how much more fuel efficient? well, the university of michigan tracks this every month based on the new vehicles sold and the latest data showing that it ticked lower in the month of june, but it is still 24.7 which is a record high, and look at how much increased since 2007. at the same time, look at the number of no-vehicle households...
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Mar 20, 2013
03/13
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some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. at a hertz expressrent kiosk, you can rent a car without a reservation... and without a line. now that's a fast car. it's just another way you'll be traveling at the speed of hertz. >>> one hour into >>> one hour into trading. 10:30 on wall street. the heavy machinery company trading lower on news the sales fell 13% in the three-month period that ended february. travelers, chevron and johnson & johnson each hitting new all-time highs in a strong wall street debut from model n trading 38% buf its ipo price of $15.50 a share. we have sharon epperson for crude oil inventories. >> the latest number from the department of energy show crude have expected to risen and that normally is what happens for this time of year, but we are still waiting for that number to come out and looking at prices that are off of their highs of the session for the price of crude oil. keep in mind, as we normally see a bill this time of year it's due to increasing imports and a lot believe that
some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. at a hertz expressrent kiosk, you can rent a car without a reservation... and without a line. now that's a fast car. it's just another way you'll be traveling at the speed of hertz. >>> one hour into >>> one hour into trading. 10:30 on wall street. the heavy machinery company trading lower on news the sales fell 13% in the three-month period that ended february....
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Mar 4, 2013
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the city getting license to its own brand for use on everything from t-shirts to volley balls. but what's in it for malibu? jane wells will tell us later in the hour. >>> first let's get to some points buffett made on "squawk" with becky. the oracle of omaha saying he still thinks stocks are a good bet for investors. >> we like buying businesses and stocks. you get more for your money there than you will get. the dumbest investment, you know, in my view is a long-term government bond. >> let's bring in david kelly, chief global strategist. good morning to you. always good to see you. >> good morning. >> buffett's point appears to be the same one he's made for i don't know how long. buy american. buy equities. don't go long bonds. if you have money, buy a house. mortgage it to the hilt. any reflections on the stuff he brought us this morning? >> i completely agree with all that. i think the one thing that people aren't talking about is, you know, the federal reserve is not really fixing the economy. but in another sense, they are fixing the markets. they are fixing it so that in
the city getting license to its own brand for use on everything from t-shirts to volley balls. but what's in it for malibu? jane wells will tell us later in the hour. >>> first let's get to some points buffett made on "squawk" with becky. the oracle of omaha saying he still thinks stocks are a good bet for investors. >> we like buying businesses and stocks. you get more for your money there than you will get. the dumbest investment, you know, in my view is a long-term...
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Oct 24, 2013
10/13
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we've put beards on all the statues across the city and the ducks in the boston commons. so there's red beards everywhere in the city on the statues. >> that's an invitation to get up to the common today, that's for nice to be here. >> tom warner is the chairman of the boston red sox. >>> now, president obama will be delivering remarks on immigration reform in washington shortly. let's bring in the chief washington correspondent john harwood this morning with what to expect from the president. john? >> reporter: kelly, the president has actually started already, and what he's trying to do is fill the vacuum in washington after the debt crisis and government shutdown with some focus on immigration, which is an issue that he's been pushing, trying to get through the senate -- or he got through the senate, trying to get through the house now. and the president's trying to see if he can make headway. john boehner, the house speaker, said the other day that the house may act by the end of the year. so that's some small window of opening for the president to try to push things.
we've put beards on all the statues across the city and the ducks in the boston commons. so there's red beards everywhere in the city on the statues. >> that's an invitation to get up to the common today, that's for nice to be here. >> tom warner is the chairman of the boston red sox. >>> now, president obama will be delivering remarks on immigration reform in washington shortly. let's bring in the chief washington correspondent john harwood this morning with what to expect...
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Jan 28, 2013
01/13
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to the city. they had moved to the suburbs and now getting older and moving back to the city and populating parts of san francisco and to see the stock market rally continue. i met people in san francisco, is the rally for real? will it continue going? i will highlight the broad base. you heard about the public buying stocks again. earnings are fair but likely bottomed. that earnings is likely happening. earnings are happening and china is bottoming. earnings not unreasonable. f a lot of money is repositioned. a lot of money hiding in stocks but defensive areas like headquarters. th -- health care. this augers well. this is very unusual, you get a monthly report, put up monthly numbers where you see health care, industrials, materials, all advancing 6 or 7% at the same time. look at this, so far months to day. this is very very unusual. you have a very defensive group, health care, discretionals, financials up the same amount. why are we getting this? why is health care leading the way right now?
to the city. they had moved to the suburbs and now getting older and moving back to the city and populating parts of san francisco and to see the stock market rally continue. i met people in san francisco, is the rally for real? will it continue going? i will highlight the broad base. you heard about the public buying stocks again. earnings are fair but likely bottomed. that earnings is likely happening. earnings are happening and china is bottoming. earnings not unreasonable. f a lot of money...
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Mar 1, 2013
03/13
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you put big thought into this. >> vikram pandit on the -- the former ceo of citi, on for a dramatic, i don't know, 70% decline. you get to 2, that's about all she wrote. of course, it's split. >> you do occasionally take people off. mcdonald's, pg&e kresce -- >> bob mcdonald had to come down. we managed to get it before he delivered the quarter, just seemed like he was doing a lot of right things. i think you're right that ron johnson admitted that it was wrong. but retail is a funky business. it can be too late to admit. there is a level where you've lost the old, haven't brought in the new. and i still think that there would have -- this was a good time for him to say, look, my strategy will work. in the interim, i've really got to bring back these old customers. as opposed to throw in at tail end of his commentary. >> let's get to the question here. as you know andrew mason was ousted. this brings us to the morning's question. what groupon should andrew mason buy with his $378.36 severance package. we will air your responses throughout the morning. >> that's telling. >> you're say
you put big thought into this. >> vikram pandit on the -- the former ceo of citi, on for a dramatic, i don't know, 70% decline. you get to 2, that's about all she wrote. of course, it's split. >> you do occasionally take people off. mcdonald's, pg&e kresce -- >> bob mcdonald had to come down. we managed to get it before he delivered the quarter, just seemed like he was doing a lot of right things. i think you're right that ron johnson admitted that it was wrong. but retail...
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Sep 11, 2013
09/13
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>> scott stringer defeats eliot spitzer for the controller's race here in the city of new york. why would that be important broadly? because if spitzer was in there as an owner of a share of many of these companies, he would have been owner, he would have been defeated. >> the headline of the "new york times" today, "sleazy come, sleazy go." >> i happen to like the hotel business. starwood. windham, mr. holmes has done a great job, steven holmes. this group has been good. travel has been good. priceline has been good. people are still going places. again, maybe that was a tell. all of those in travel good versus housing in some parts of retail. hey, listen, vacations important part of america. >> very important. i try not to ever miss a vacation. never miss a vacation day. that would be my advice. >> apple is the biggest loser on the s&p. this is a 5% decline. combination of the downgrades, three big ones and the lack of the more secure announcement in beijing after setting up expectations with that event. >> i know! carl better tweet something soon. >> not this carl. >> icahn.
>> scott stringer defeats eliot spitzer for the controller's race here in the city of new york. why would that be important broadly? because if spitzer was in there as an owner of a share of many of these companies, he would have been owner, he would have been defeated. >> the headline of the "new york times" today, "sleazy come, sleazy go." >> i happen to like the hotel business. starwood. windham, mr. holmes has done a great job, steven holmes. this group...
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Jul 18, 2013
07/13
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funding across the country, and whether it is cities or companies and couple of news nuggets this week that point to this ongoing problem. a lot of the companies are talking in earnings about the benefit they will get from the higher rates, but for right now the low rates are still a major problem. just last night moody's cut chicago's debt rating citing the pension costs, and we know that illinois has $1 billion unfunded pension problem and rahm emanuel said that this is evidence that the pension crisis is nearing chicago's doorstep and earlier allstate in the same part of the country cutting the retiree benefits and this is the largest publicly traded insurer in the country, and they are cutting to save costs and incredibly sensitive to the low rate environment and other examples of this happening as well. so from the investor point of view what does it mean? well, it means that you want to avoid unless you are again in the camp just to mention alaska airways we will have a fully funded pension if on one of the assumptions that the rate goes to 4.85%, and if that does not happen, you
funding across the country, and whether it is cities or companies and couple of news nuggets this week that point to this ongoing problem. a lot of the companies are talking in earnings about the benefit they will get from the higher rates, but for right now the low rates are still a major problem. just last night moody's cut chicago's debt rating citing the pension costs, and we know that illinois has $1 billion unfunded pension problem and rahm emanuel said that this is evidence that the...
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Dec 5, 2013
12/13
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the collaboration with citi was important for providing us the necessary financing; allow this small start-up to go provide a service to municipalities. citi has been an incredible source of advice, how to engage with municipalities, how to structure deals, and as we think about internationally, citi is there every step of the way. so the end result is you reduce congestion, you reduce pollution and you provide a service to merchants, and that certainly is huge. a lot can happen in a second. with fidelity's guaranteed one-second trade execution, we route your order to up to 75 market centers to look for the best possible price -- maybe even better than you expected. it's all part of our goal to execute your trade in one second. i'm derrick chan of fidelity investments. our one-second trade execution is one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. >>> welcome back to "squawk on the street," i'm julia boorstin with news on electronic arts as shares are down more than 7% on problems with its "battlefield 4" game, p
the collaboration with citi was important for providing us the necessary financing; allow this small start-up to go provide a service to municipalities. citi has been an incredible source of advice, how to engage with municipalities, how to structure deals, and as we think about internationally, citi is there every step of the way. so the end result is you reduce congestion, you reduce pollution and you provide a service to merchants, and that certainly is huge. a lot can happen in a second....
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Sep 10, 2013
09/13
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using data predictively to help power entire cities. so the turbines of today... will power us all... into the future. ♪ when you do what i do, iyou think about risk.. i don't like the ups and downs of the market, but i can't just sit on my cash. i want to be prepared for the long haul. ishares minimum volatility etfs. investments designed for a smoother ride. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus, which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> coming up next, the new dow. what does today's big shake-up mean for your money? it's almost showtime for apple's big event. >>> plus, after trailing the market all year long, is now the time to buy target? big "halftime" debate ahead. carl, we'll see you in 15, 20 minutes. >> all right, see you soon. >>> alcoa out with a statement on its removal from the dow jones industrials average. it says, in part, th
using data predictively to help power entire cities. so the turbines of today... will power us all... into the future. ♪ when you do what i do, iyou think about risk.. i don't like the ups and downs of the market, but i can't just sit on my cash. i want to be prepared for the long haul. ishares minimum volatility etfs. investments designed for a smoother ride. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a...
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Jan 23, 2013
01/13
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>>> when we come back, looking to escape from the daily grind of the city. robert frank takes you to a private island 15 minutes from manhattan. it could be yours if you've got something close to $20 million. back in a couple of minutes. [ male announcer ] some day, your life will flash before your eyes. make it worth watching. introducing the 2013 lexus ls. an entirely new pursuit. >>> the financial elite are meeting at the economic forum in davos, switzerland, this week. jamie dimon sat down with our own maria bartiromo. we have more on that interview. maria? >> hi there, melissa. that inte. >> this morning i moderated a panel and it was a big debate on how the financial services sector will evolve. people like axel weber, who you will hear from later on "the closing bell." basically believes the big banks are going to have to split up. and the imf believing the same thing and then there's jamie dimon who continues to defend the large banking-type situation to encourage constant financing of corporations all around the world. talked a bit about that. the p
>>> when we come back, looking to escape from the daily grind of the city. robert frank takes you to a private island 15 minutes from manhattan. it could be yours if you've got something close to $20 million. back in a couple of minutes. [ male announcer ] some day, your life will flash before your eyes. make it worth watching. introducing the 2013 lexus ls. an entirely new pursuit. >>> the financial elite are meeting at the economic forum in davos, switzerland, this week....
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Jul 2, 2013
07/13
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near term earnings in the likes of morgan stanley or goldman sachs or citi, and what we will see because they have increased the number cuts. >> well, we have seen number bumps in wells fargo. >> and by the way, the range is going to 64, and jpmorgan will report earnings a week from friday, around the corner. >> well, it is interesting because jpmorgan en whi saw this, this whole move, jpmorgan has fallen behind the regionals and the regional s wis with a b comeback and perhaps they can't reprice the cds in the way i'd like them to, but i don't want to sell the banks, because i believe they are a cleaner segment of the society. >>> and now ticker outer wall, and we will talk to the ceo about the red sox business and what he hopes to do in buying a recycling business. >>> and the starbucks orders are about to get more complicated and find out why you want cold foam to your vocabulary. the futures are up, and we will have more on the opening bell right here on "squawk on the street." could save you fifteen percent or more on car insurance. mmmhmmm...everybody knows that. well, did you know
near term earnings in the likes of morgan stanley or goldman sachs or citi, and what we will see because they have increased the number cuts. >> well, we have seen number bumps in wells fargo. >> and by the way, the range is going to 64, and jpmorgan will report earnings a week from friday, around the corner. >> well, it is interesting because jpmorgan en whi saw this, this whole move, jpmorgan has fallen behind the regionals and the regional s wis with a b comeback and...
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Feb 5, 2013
02/13
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some of the newer cities, yum doesn't even have competition. it has the supply chain, and the real estate identification teams to get into the smaller markets. the competition is scarce. the tier one markets, the returns are deteriorating. that's why they're slowing down that development there. but yum brands has a very deep investment capital opportunity if they can get its brand back on track. >> david, thanks to speak with you. >> thank you. >>> still ahead, much more of the dell buyout news. and the doj lawsuit.ate in me? with fidelity's new options platform, we've completely integrated every step of the process, making it easier to try filters and strategies... to get a list of equity options... evaluate them with our p&l calculator... and execute faster with our more intuitive trade ticket. i'm greg stevens and i helped create fidelity's options platform. it's one more innovative reason serious investors are choosing fidelity. now get 200 free trades n an account. to grow, we have to boost our social media visibility. more "likes." more t
some of the newer cities, yum doesn't even have competition. it has the supply chain, and the real estate identification teams to get into the smaller markets. the competition is scarce. the tier one markets, the returns are deteriorating. that's why they're slowing down that development there. but yum brands has a very deep investment capital opportunity if they can get its brand back on track. >> david, thanks to speak with you. >> thank you. >>> still ahead, much more of...
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Aug 29, 2013
08/13
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city of detroit but it's not all bad news when it comes to the motor city's economy. we're going to show you a bright spot thanks to a hometown company, when we come back. nascar is ab.out excitement but tracking all the action and hearing everything from our marketing partners, the media and millions of fans on social media can be a challenge. that's why we partnered with hp to build the new nascar fan and media engagement center. hp's technology helps us turn millions of tweets, posts and stories into real-time business insights that help nascar win with our fans. [ agent smith ] i've found software that intrigues me. it appears it's an agent of good. ♪ [ agent smith ] ge software connects patients to nurses to the right machines while dramatically reducing waiting time. [ telephone ringing ] now a waiting room is just a room. [ static warbles ] >>> welcome back. here's a bright spot for the detroit economy. ford is expanding production at the flat rock, michigan, assembly plant just knot of the city because of the red hot sales of the ford fusion. phil lebeau joi
city of detroit but it's not all bad news when it comes to the motor city's economy. we're going to show you a bright spot thanks to a hometown company, when we come back. nascar is ab.out excitement but tracking all the action and hearing everything from our marketing partners, the media and millions of fans on social media can be a challenge. that's why we partnered with hp to build the new nascar fan and media engagement center. hp's technology helps us turn millions of tweets, posts and...
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Aug 13, 2013
08/13
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you city slickers get out and move to the edge. that's what i hear from my contact in retails. >> what you want to do is get a good ceo and have him or her surround themselves with people who know how to sell in des moines, iowa. but you want to make sure that you have a team that's clear, it's stable, it's consistent, and that the employees, i don't know how many employees they have, my guess is several thousands, who are they looking to for their leadership? in the absence of leadership they will listen to anybody. >> you know a thing or two about difficult exits. can i ask you about last week's episode? at the very end of the episode if anyone thinks this is all about turn around stories that end with a nice bow -- >> they think it's scripted, they're wrong. >> this florist company you basically helped them turn things around but the guy doesn't want to hear it and ultimately says i don't think your investment, your hundred grand, 150 grand, was any good. take it back. the last scene is you saying i'm filing a lien against your
you city slickers get out and move to the edge. that's what i hear from my contact in retails. >> what you want to do is get a good ceo and have him or her surround themselves with people who know how to sell in des moines, iowa. but you want to make sure that you have a team that's clear, it's stable, it's consistent, and that the employees, i don't know how many employees they have, my guess is several thousands, who are they looking to for their leadership? in the absence of leadership...
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Mar 12, 2013
03/13
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the way the mayor did it by trying to circumvent the city countsil and going straight to the board of health that he appoints is one big issue that the judge had a problem with. does that make sense to you? >> absolutely. i think there is a legitimate argument that the process was faulty, but at the end of the day government always makes choices on behalf of consumers and in many cases those are choices to point us toward healthier options that makes sense. if i go to a baseball game i can't buy a mixed drink with 151 rum and i can't drink after the seventh inning and while that may be restricting my personal freedom, it's well-intentioned and serves a public health need. >> does your company stand to gain if there were a ban in place? >> i think to the extent that consumers are aware that there are healthier options and alternatives to sugary sodas, certainly that benefits us. i spent the last 20 years promoting healthy products and alternatives to less healthy mainstream products that exist in our country. >> why would you -- why would you promote and launch a soda brand at the mome
the way the mayor did it by trying to circumvent the city countsil and going straight to the board of health that he appoints is one big issue that the judge had a problem with. does that make sense to you? >> absolutely. i think there is a legitimate argument that the process was faulty, but at the end of the day government always makes choices on behalf of consumers and in many cases those are choices to point us toward healthier options that makes sense. if i go to a baseball game i...
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Apr 2, 2013
04/13
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our own mary thompson is live on the upper east side with all of the latest data on the city's inventory, the closings, the pricing, and the lack of lit or the east side versus the west side. mary has you covered. >> reporter: low inventories is one of the prime reasons we're seeing a healthy real estate market here in new york city and mortgage rates, high rents and the strong local economy. here's independent appraiser, jonathan miller. >> the year over year numbers are up in terms of activity and price, and i think that's reflective of better conditions we're seeing now than a year ago. >> a year ago, this was just to give you an idea, inventories are down 34.4% from last yore's first quarter and that's a 12-yore low. total sales of 6.3% and the average days that an apartment will be on the market down 13.2% from last yore's first quarter. new york is reflective of a nationwide trend. miller saying many homeowners are aren't motivated to sell, because they bought in the peak in 2008. they have negative or low equity and they couldn't trade up if they sold now so there is no reason to.
our own mary thompson is live on the upper east side with all of the latest data on the city's inventory, the closings, the pricing, and the lack of lit or the east side versus the west side. mary has you covered. >> reporter: low inventories is one of the prime reasons we're seeing a healthy real estate market here in new york city and mortgage rates, high rents and the strong local economy. here's independent appraiser, jonathan miller. >> the year over year numbers are up in...
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Nov 1, 2013
11/13
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everyone, we're here to support the city. what we do is we just continue on in supporting new york, supporting running, and all of our partners are back and strong, and everybody is just really looking forward to continuing to support the mission. >> is the sponsorship up or down this year? >> sponsorship is up. i don't know if you know, we're already looking forward to -- we'll celebrate i.n.g. this year, and we structured premier partnership for next year, for the next eight years. it's stronger than ever. >> you said you're ending a decade-long relationship with i.n.g. as a primary sponsor. an indian company will become the primary sponsor. what can we see differently visually or financially? >> financially, additional support to our programs year round. our youth programs, grassroots programs. visually, it will be a very big change. you won't see as much orange, and it's a chance to rethink the entire presentation of the event. so we're excited, and i think you'll keep feeling the great community and neighborhood essence
everyone, we're here to support the city. what we do is we just continue on in supporting new york, supporting running, and all of our partners are back and strong, and everybody is just really looking forward to continuing to support the mission. >> is the sponsorship up or down this year? >> sponsorship is up. i don't know if you know, we're already looking forward to -- we'll celebrate i.n.g. this year, and we structured premier partnership for next year, for the next eight...
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Jan 22, 2013
01/13
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delta also beating on the top and the bottom lines. kansas city opening at historic highs today. lifting the transports again to historic high. they have hit the historic highs five days in a row. we could make it a sixth day in a row. the airlines have been a strength in the transports. in fact, airlines have been a huge driver for quite a while. since november 16th low, transports are up 18%. airlines, though, up 28%. and transports have been outperforming the industrials since the middle of december. so it's a group that we like to watch here. it's an interesting bellwether as we move through the earnings season. we look for some of these nuances in between the numbers. jim, back over to you. >> let's check out the latest in metals. >> jim, all eyes on asia, and looking at the bank of japan and policy shift there. plans for more stimulus helping commodities across the board. overall commodity index at a three-month high. we're looking at a three-week high, one-week high, rather, for brent crude and copper prices as well. as we look at what's happening in asia, we're also watch
delta also beating on the top and the bottom lines. kansas city opening at historic highs today. lifting the transports again to historic high. they have hit the historic highs five days in a row. we could make it a sixth day in a row. the airlines have been a strength in the transports. in fact, airlines have been a huge driver for quite a while. since november 16th low, transports are up 18%. airlines, though, up 28%. and transports have been outperforming the industrials since the middle of...
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Jan 7, 2013
01/13
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bank of america and citi are the ones that are most behind. citi, as it becomes clear, i think people when they decided to put capital through, their capital plan didn't make it. horvath, fresh start. there has to be a reason citi is upgraded day after day. >> another one from wells fargo, putting it on the priority stock list. we'll have a discussion later about whether or not these will be the big dividend plays in 2013. the journal today looking at -- looking for permission for more buy-backs. >> wouldn't this be something if a fourth-quarter story, like the banks, continues to be driven. if you have the insurers, have you seen those charts? you've got premiums going up. sorry, everybody. premiums are going up for insurance. because of the catastrophe. but you also have tremendous -- new companies come into insurance, and david, this is something that's going to be a theme of 2013. that portfolio that everybody had that was so bad, because of housing that asset side coming up. >> very important. no doubt about it. on the housing front, you
bank of america and citi are the ones that are most behind. citi, as it becomes clear, i think people when they decided to put capital through, their capital plan didn't make it. horvath, fresh start. there has to be a reason citi is upgraded day after day. >> another one from wells fargo, putting it on the priority stock list. we'll have a discussion later about whether or not these will be the big dividend plays in 2013. the journal today looking at -- looking for permission for more...
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Sep 9, 2013
09/13
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the whole city is back. the dotcomers are back. hope it lasts for that city. >> delta is up on word it is going into the s&p 500. the big story, what's going on over in asia. the tide of japan and china, lifting all those boats beaten up badly. jakarta, 3%, korea, 1%. strong japanese gdp and strong chinese exports. those are the boosters, those two countries for the entire regional economies. we also have some of the chinese financial stuff. there is word out this morning that banks could begin issuing preferred stock. that would provide alternative sources of financing for them. another reason we are up. in the meantime, over the weekend, i heard some very interesting theories from traders about the effect of the syrian effect upon the president and perhaps on the battle for the fed chairmanship. here is the theory. i don't necessarily describe to it. it is out there. the bruising battle overseer ya is definitely affecting the president's domestic priorities. he may or may not get a regulars solution through the house of represent
the whole city is back. the dotcomers are back. hope it lasts for that city. >> delta is up on word it is going into the s&p 500. the big story, what's going on over in asia. the tide of japan and china, lifting all those boats beaten up badly. jakarta, 3%, korea, 1%. strong japanese gdp and strong chinese exports. those are the boosters, those two countries for the entire regional economies. we also have some of the chinese financial stuff. there is word out this morning that banks...
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Jul 11, 2013
07/13
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best qualified to do the job or take the opportunity. that's why when i go back to the relj rule, is simply saying give everyone a job. whether they're inner city, or unurban african-american and we end up with more competitive personnel and we end up with the meritocracy system based on giving people an opportunity. >> bob, it's a good argument and we're just glad to get you on our air and get your viewpoint from out there in sun valley. so much else to cover, but we'll do it another time. please come back soon. >> carl, thank you guys. appreciate it. >> robert l. johnson, cnbc contributor. >>> bertha coombs keeping an eye on that. >> kelly, the expectation was for an injection of 82 billion cubic feet and it is exactly that on the nose. that's about what we've seen over the last few weeks and we had natural gas just slightly positive ahead of the number. right now we are going back into negative territory. we are seeing some bit of moderation in terms of the hot weather in some parts of the country although it's still fairly hot most e
best qualified to do the job or take the opportunity. that's why when i go back to the relj rule, is simply saying give everyone a job. whether they're inner city, or unurban african-american and we end up with more competitive personnel and we end up with the meritocracy system based on giving people an opportunity. >> bob, it's a good argument and we're just glad to get you on our air and get your viewpoint from out there in sun valley. so much else to cover, but we'll do it another...
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Apr 17, 2013
04/13
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in the greater new york city area celebrating its ipo. jim prices it at 13. >> people known to get married who meet in fairway aisles, you know that, right? >> they have, and people also beaten each other up in fairway aisles, as well. >> they get married in the tangerine aisle. >> and the narrow passageways they have on 74th street anyway. and the one on 125th street. >> people who don't live in new york, there's a certain cult. >> yes. it's more than a whole foods cult and certainly more than a safeway cult and black hawk is coming. >> fairway itself, family run and then they sell out 80% of private equity which then expands the reach. fairway may be coming to you. >> we've seen from where walter rob comes with whole foods expansion they can bring up three times the number of scorers. >> and costco has been very measured in its expansion. >> fairway can use a little measure. >> textron is up more than 10%. they lowered guidance and bell helicopter is more of a military story, jim. it's not doing so hot. >> business jet has called and to
in the greater new york city area celebrating its ipo. jim prices it at 13. >> people known to get married who meet in fairway aisles, you know that, right? >> they have, and people also beaten each other up in fairway aisles, as well. >> they get married in the tangerine aisle. >> and the narrow passageways they have on 74th street anyway. and the one on 125th street. >> people who don't live in new york, there's a certain cult. >> yes. it's more than a...
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Jan 8, 2013
01/13
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major wire houses such as citi, bank of america, jefferies, rbc and ubs, the major distribution, retail distribution systems all have buy recommendations on our stock. >> latest locations in houston. i love this, you're tangerizing other locations that are already existing. how big will the push be in terms of expansion this year? >> we're a major growth company. we have the most robust pipeline of new developments and expansion in the united states and in canada than we've had in our 30-year history. our partners are responding, our properties ended the year or will end the year north of 88% occupied. this is the 30th consecutive year where we've ended the year in excess of 95% occupied. most of our properties have waiting lists and we're excited. the new centers that have opened have been tremendous successes and, as a matter of fact, in houston, which you just mentioned, it opened virtually 100% occupied and we're making plans for a major expansion already. >> steve, always good to see you. please come back sometime soon. steve tanger joining us here at post nine. >> monsanto kicking
major wire houses such as citi, bank of america, jefferies, rbc and ubs, the major distribution, retail distribution systems all have buy recommendations on our stock. >> latest locations in houston. i love this, you're tangerizing other locations that are already existing. how big will the push be in terms of expansion this year? >> we're a major growth company. we have the most robust pipeline of new developments and expansion in the united states and in canada than we've had in...
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136
Feb 25, 2013
02/13
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i know your city well. how are the cuts going to impact you specifically? >> the cuts will hit across the board. but of course, they'll hit where it hurts the most early. it's going to go directly to young people. about $7 million will be cut to education, head-start, those sorts of things. because the grown-ups can't do their jobs, the kids get hurt. this crisis is about as real as manti te'o's girlfriend. the congress can't get its work done. the president stood up at the state of the union, sent all sorts of clear messages about the fact that he would go to all sorts of compromise positions, if we could get a congress that could actually do its job. and in minneapolis, as you know, target, best buy, they're all announcing their earnings and we're beginning to see this shaking of consumer confidence again. there's no reason for people to have any lack of confidence, except for a republican house that can't get its act together. >> there are those who say that comments like that are scare tactics on the side of the aisle that you you come from, that pe are
i know your city well. how are the cuts going to impact you specifically? >> the cuts will hit across the board. but of course, they'll hit where it hurts the most early. it's going to go directly to young people. about $7 million will be cut to education, head-start, those sorts of things. because the grown-ups can't do their jobs, the kids get hurt. this crisis is about as real as manti te'o's girlfriend. the congress can't get its work done. the president stood up at the state of the...
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Oct 29, 2013
10/13
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the total cost in just new york city, $19 billion. the new york stock exchange did not flood, but it did close for two days, first time that happened due to weather since 1888. afterward, mayor michael bloomberg said, something's gotta change. >> we can do nothing and expose ourselves to an increasing frequency of sandy-like storms that do more and more damage. or we could abandon the waterfront. or we can make the investments necessary to build a stronger, more resilient new york. investments that will pay for themselves many times over in the years to come. >> reporter: well, that hasn't happened. one year later, the idea of flood protection for lower manhattan has basically gone nowhere. the mta says it will take years to completely repair the subways. [ horn sounds ] as you can hear, the staten island ferry is still running. there have been changing at edison. remember the explosion? they've made a lot of improvements, including three layers of massive floodwalls. >> i think sandy was the wake-up call. it's the reality that we're
the total cost in just new york city, $19 billion. the new york stock exchange did not flood, but it did close for two days, first time that happened due to weather since 1888. afterward, mayor michael bloomberg said, something's gotta change. >> we can do nothing and expose ourselves to an increasing frequency of sandy-like storms that do more and more damage. or we could abandon the waterfront. or we can make the investments necessary to build a stronger, more resilient new york....